📊 Nvidia Soars to $5 Trillion

Ryan Serkes
October 30, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

🔻 Fed cuts rates amid economic uncertainty

🤝 Trump anticipates U.S.-China trade deal with Xi

🚀 Nvidia reaches $5 trillion market valuation

📉 Fiserv shares plummet amid fraud investigation

💸 U.S. households spent $455B on financial services

🎁 +5 more stories you might like

🔻 Fed Cuts Rates Amid Economic Uncertainty, Signals Possible Pause Link

The Federal Reserve reduced its benchmark interest rate by 0.25% amid economic uncertainty.
Chair Jerome Powell hinted that this could be the last rate cut of the year, citing differing views within the Fed.
The ongoing government shutdown complicates data collection, adding to the economic uncertainty.

🤝 Trump Optimistic on U.S.-China Trade Deal with Xi Link

President Trump expressed optimism about reaching a trade deal with China during his meeting with President Xi Jinping.
The ongoing trade tensions have led to tariffs and restrictions, affecting multiple sectors.
A potential deal could ease tariffs and open markets, impacting global economic relations.

🚀 Nvidia Hits $5 Trillion Market Cap Amid AI Chip Demand Link

Nvidia's market valuation soared to $5 trillion, driven by high demand for AI chips.
The company's stock has been a top performer, reflecting its central role in the AI boom.
Nvidia's strategic partnerships and investments continue to bolster its market position.

📉 Fiserv Faces Securities Fraud Investigation After Stock Plunge Link

Fiserv's stock dropped over 40% following a cut in its financial outlook and weak quarterly results.
The law firm Block & Leviton is investigating Fiserv for potential securities law violations.
Investors are encouraged to contact the firm to explore options for recovering losses.

💸 Financially Vulnerable Households Bear Brunt of $455B Spending Link

U.S. households spent $455 billion on financial services in 2024, with vulnerable groups paying disproportionately more.
The report highlights disparities in financial costs, with Black and Latine households facing higher burdens.
The findings call for solutions to reduce financial strain and improve resilience.

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